Quick CEO Open letter: Merger is the common expectation of investors

Summary: Yesterday's drip and quick rumors of a merger have been confirmed. China's largest two taxi software companies will adopt a complete swap method merged into one, set up a new company by the original drop by taxi CEO Cheng Wei and Quick Taxi CEO Lu Zhunwei as joint CEO. Double

The rumours of yesterday's merger were confirmed. China's largest two taxi software companies will adopt a complete swap method merged into one, set up a new company by the original drop by taxi CEO Cheng Wei and Quick Taxi CEO Lu Zhunwei as joint CEO. The two sides will maintain the existing staffing structure and continue to develop parallel operations. More details of cooperation, such as the ownership structure, to wait until the Spring Festival to convene a separate conference announced.

But both CEOs have disclosed some details through an open letter, starting with an open letter from CEO Cheng Wei:

You small orange Person:

Today is 2015 Valentine's Day, is a romantic day. The new year, many brothers have returned home, is also a day of reunion.

Today, I am very happy to announce to you that we will end two years of fierce competition, and the former opponents of the rapid merger, to join hands towards the common travel dream.

January 21, I, Liu, Stephen launched a secret project in Shenzhen: Valentine's Day program, the goal is to complete the program before Valentine's Day. Just like the slogan of the limousine team: Once again shocking the world! Overcome thousand difficult million resistance, after 22 days, we did.

When we started our dream of "mobile internet for better travel" in the June 2012, we did not realize that we would face the most brutal competition in internet history, the toughest regulation, the most complex giants and capital Games, and the highest frequency media exposure. 2.5 of times, we face death threats all the time, thank you, drop a time to survive, and in the continuous creation of miracles, just the past 2014, we launched a shocking nationwide marketing campaign, refreshing the unlisted company financing records, car campaign to promote the frozen decades of industry reform, but also launched a corporate travel services ...

At the annual meeting, I still insist on singing the "brightest star in the night Sky", the star that has been guiding us is the beginner of our departure, our dream! We have been working hard, toward the direction of the dream! China also because of our group of young people full of dreams, travel more and more beautiful!

Brothers, in order to travel dream, we have to have the courage of decisive battle, but also have a merged mind. After the merger I and fast Lu Zhunwei will be appointed Co-ceo, Liu President. The future transition period, the completion of business integration, team integration.

Expect all small orange people to do their own job, waiting for the company to further business, team arrangements. Face new missions and co-workers with respect and smiles.

Play is earth-shattering, and then love in the end! The next six months are a new challenge, with new challenges in the marketplace, a need for us to hold our breath, full speed ahead, and internal integration, which requires our mind, patience and wisdom. Six months later, we will hand over the answer, must be beautiful!

The merger created three records, 1 of the largest mergers and acquisitions in China's internet history, 2 the fastest-growing internet company in China, and 3 integrated the support of two giants. It is also our blessing to be able to finish a short time to thank those who have paid for it. After the merger, the management team remained firmly in control of the company, which was accepted by all investors and two giants as the bottom line. Also thanks to the fast-moving Tencent and Ali, who can put aside their prejudices and interests and support the dream of entrepreneurs come together.

We and quickly came together, but also pulled Tencent and Ali come together, must be a lot of people exclaim, and believe in love.

Mail to everyone good news, and then officially announced, as we give the people of the nation's Valentine's Day gift bar.

Merge end, travel dream of the Great journey just begin! Brothers continue to refuel, look forward to the next miracle!

Happy Valentine's Day and Happy New Year!

Proud of everyone!

Your CEO
Cheng Wei

Here is a quick open letter from CEO Lu Zhunwei:

Fellow students:

Today, we will officially announce a quick taxi with a drop-by-taxi strategy combined with the news. The merger is done through mutual partnership and does not involve cash transactions. The merger is the largest unlisted company in China's internet history, and the new company is the fastest to become China's top ten internet companies. For both of us, it is a huge milestone for all investors and shareholders, and for the industry as a whole.

There is an old saying in China called "do not fight not acquaintance", also has "a smile to kill the hatred" the argument, in the past two years, we and drops the taxi is both the opponent, is the sharpening stone, this actually is also the two sides can the rapid development one of the most important factors, through unceasingly challenges the limit, we created each myth, The swift pry moves the market which the China Mobile travels.

Fast and drop has been a profound improvement of people's way of travel, improve the existing mode of Chinese urban travel, this is our painstaking efforts to make the participation of everyone who is proud of the great things. In the field of urban mobile travel development prospects, two companies have established a common vision, which is the biggest reason for us to decide the strategic merger. The other main reasons are as follows:

Vicious large-scale continuous burning of money competition unsustainable mergers are the common strong expectations of all investors in addition to financial factors, the merger can avoid greater time and opportunity costs, the new company can immediately accelerate the launch of a lot of new business

After the merger, I will be with the drop of taxi CEO Cheng Wei together as the joint CEO of the new company, the original business and team remain unchanged.

As the whole industry is still developing rapidly, it needs a lot of talents and will not affect the arrangement of human resources, so we will continue to recruit more elites in the years to come. Fast and drop of every colleague, will also have a greater stage and development space, to do something we have always wanted to do, but have no energy to do. After the merger, the listing plan will also be put on the agenda.

The merger, which created a total win and a history, was unanimously recognized and praised by each participant in the negotiations, including Alibaba and Tencent.

The future of the company needs quick taxi and drop a taxi every colleague's efforts, we have to do the fight is earth-shattering, and then become an industry model.

Merge is a comma, not a period, the future challenges are very large, in addition to face the challenges of Uber, there are many business and product planning will be launched immediately. I hope we do not slacken, continue to maintain an open mind, continue to focus on work, on a larger platform to achieve their own values and dreams!

Keep on cheering and welcome the new start.

Dexter

To tell you the truth, what I want to see most is the open letter of Liu, where is the bossy female president? Please look forward to 36 Krypton's interview with Liu.